PwC Directors & Company Secretarial Series at PwC Namibia Business School

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PwC Directors & Company Secretarial Series at PwC Namibia Business School

What is Company Secretarial?

A Company Secretary is a senior position in a citizen sector establishment. Also known as Compliance Officers, it is one of the positions that is a part of the key managerial personnel of any company.

Overview

The roles of a Company Secretary are vital for the continued success of a company, as the Company Secretary acts as the key advisor and guide to the directors of the company.

Frequently Asked Questions

How important is a company secretary?

The company secretary is the critical conduit between the board, its shareholders and Companies House and ensures that the Company is directed and controlled in accordance with a set of policies, procedures, processes and rules.

What is the demand of company secretary?

A Company Secretary is a key managerial person in a company and there are a lot of opportunities in this profession including as a compliance officer, governance professional, board adviser, corporate risk manager, corporate planner and strategic manager.

What is the future of company secretary?

CS specialists have a bright future. This is one of the most respected and high-performing job profiles. Candidates are given the opportunity to work in the stock market, corporate affairs department, legal board, and various government departments upon completing the course.

Is it compulsory to have a company secretary?

ACRA stipulates that every company must appoint a company secretary within 6 months of its incorporation.

Is company secretary a good choice?

A2A. Yes it is definately a good career option. A company having the required paid up capital compulsorily needs to appoint a CS. In that prospective, jobs for CS may be limited but with the introduction of Companies Act, 2013, corporates are more than keen to appoint CS.

Is company secretary a risky job?

Being only among the few in the country, the company secretaries lot deserve a better deal, at least adequate opportunities that materialize soon, considering it’s a risky job that can affect one’s personal and professional identity unlike other normal jobs such as that of IT/BPO.

Can CS earn in crores?

After 25 years or 30 years of experience one can earn Rs.10 lac per month/ One Crore Annually provided knowledge and exposure of Candidate. Most of our respected senior Company Secretaries are earning more than One Crore Annually.

What comes after Company Secretary?

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Answer: After completing the company secretary course, the job profiles offered more often are Member of Board of Directors, Company Registrar, Chief Administrative Officer, Tax management officer, Corporate Planner, Corporate Policymaker, Legal Advisor, and Principal Secretary, etc.

Is CS a valuable course?

There are immense opportunities and scope for CS professionals in the field of the private sector, public sector, banks, stock exchange, law firms, and other financial institutions. The Company Secretary’s job profile includes: Providing support to the administrative block of the organization they associate with.

Is CS course in demand?

There is more competition in the corporate secretary sector, but the demand in this area is much greater. This is because of the higher the profit and the different benefits of people looking for jobs in the CS field. Due to the economic climate, there are fewer vacancies for CS that are not accepted.

Can I be my own company secretary?

A company secretary must be a natural person and locally resident in Singapore. The position of company secretary must not be vacant for more than 6 months. The sole director of a company and the company secretary cannot be the same person.

Is company secretary A company officer?

Company secretaries fall under the definition of ‘officer’ of a corporation (s 9 of the Act), so they have many of the same duties and obligations as directors.

Is CS a government job?

A Company Secretary can either work as an independent professional or go for employment in Private, Public or Government sector.

Can a CS become director?

There is no provision in Companies Act, 2013 that prohibits the same. There are many people who are in employment elsewhere and become director in their own company. Thus a company secretary can be appointed as an executive director of other company.

Can a CS become CEO?

CS holds a very high rank or position in a firm and also comes right next to the CEO and Managing Director, and whole-time directors. A company secretary can be the CEO of the company too, which keeps his/her position close to the board of directors. Let’s discuss some other responsibilities of a CS.

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